About this home

An incredible opportunity to own two truly special waterfront properties. Step back in time with vintage charm—the décor may echo the 80s and 90s, but the views and beach are timeless. First time on the market, this property features two homes perched above Mayo Cove, overlooking Carr Inlet, views of Mt. Rainier and approximately 180 feet of waterfront. Walk down the gently sloped path to skip rocks, swim or relax. Boaters paradise & right around the corner from Penrose State Park. Ideal for your own staycation, multi-generational living, or living in one home while renting the other. Very quiet, removed from the city noise but conveniently located just 12 minutes from Key Center and 30 minutes to North Gig Harbor. The main home, an A-frame design, approx. 2110 sq. ft. offers two bedrooms. The main level features an open-concept living and kitchen area, a bedroom, and a full bath, with the second bedroom located upstairs. The fully finished basement includes two bonus rooms, a ¾ bath with laundry, and access to the one-car garage. The detached, approx. 1101 sq. ft. ADU lives large & offers one bedroom, a full bath, and main-level living, plus a generously sized bonus room and an additional bath upstairs. Unfinished room perfect for shop or dry storage & 1 car attached garage. With just over an acre, the possibilities are endless—ample room for raised garden beds, lush green grass, or keep as is and simply let nature take its course. Welcome to the beach.

Interior features

Exterior features

Appliances

Schools

Property details

Heating

Stove/Free Standing, Wall Furnace

Cooling

None

Flooring

Laminate, Carpet

Parking

Attached Garage

View

Bay, Mountains, Sound

Lot

Dirt Road

Water source

Shared Well

Sewer

Septic Tank

Levels

Two

Fireplaces

1

Costs

Price / sq ft

$438

Annual taxes

$10,025 (2025)

Location

Lakebay, WA 98349